News
Despite a slight reduction in cement volumes during the first half of the year, Caribbean Cement Company Limited (CCC) is looking to grow its export business with its additional spare capacity.
Region: Jamaica
11.09.2023 14:05Argos North America and Summit Materials Combine to Create a Stronger Force in the U.S. Construction Materials Industry
Cementos Argos announced it has entered into a definitive agreement with Summit Materials, Inc. under which the U.S. operations of Cementos Argos, Argos North America Corp, will combine with Summit in a cash and stock transaction valued at $3.2 billion.
Region: USA
05.09.2023 13:40Hoffmann Green signs its first licensing agreement in Saudi Arabia with the Shurfah Group
Hoffmann Green Cement Technologies (France), announces the signature with the Shurfah Group of a 22-year exclusive licensing agreement in order to build several Hoffmann Green units in Saudi Arabia to support the decarbonation of the construction sector in this territory.
Region: Saudi Arabia
29.08.2023 12:11Peru's Unacem acquires US cement plant for US$300mn
Unacem, Peru’s largest cement company, has acquired a US plant for US$317mn, the company said in a market disclosure.
Region: USA
16.08.2023 17:52A solution to construction materials price growth: SGC (Siberian Generating Company LLC) plants increased fly ash sales by 9 %
As construction activity increases in the Siberian regions, demand for fly ash is growing. Its use helps reduce production costs without sacrificing quality. Since the beginning of 2023, thermal power stations in Novosibirsk and Barnaul have increased their fly-ash sales.
Region: Russia
16.08.2023 06:30Sinai Cement cuts consolidated loss by 22% YoY in H1
Sinai Cement Company (SCEM) posted a 22.12% year-on-year (YoY) drop in consolidated net loss attributable to the holding company for the first half (H1) of 2023, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt
Misr Cement – Qena (MCQE) has reported an 18.47% year-on-year (YoY) drop in consolidated profit attributable to controlling shareholders during the first half (H1) of 2023, recording EGP 43.747 million, compared to EGP 53.656 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt